General Electric Creating Science Fiction Podcast Series Looking to increase brand awareness among a younger, tech-savvy audience, the company is producing a series about decoding a 70-year-old message from outer space.

By Reuters

This story originally appeared on Reuters

In a sign that what is old is new again, U.S. conglomerate General Electric Co is producing its own science fiction podcast series in an effort to raise its profile among a younger, tech-savvy audience.

GE, in partnership with The Slate Group's podcast network Panoply, is running "The Message," a fictional eight-episode podcast that will follow the decoding of a 70 year-old message from outer space. The cryptologists decoding the message turn to a real ultrasound technology developed by GE to decode the messages.

"It's science fiction meets real science," said Andy Goldberg, GE's global creative director.

The idea for the series stemmed from the company's historic "GE Theater" television series, which was hosted by Ronald Reagan, then an actor, in the 1950s.

GE is producing its own podcast series, rather than running ads on other podcasts because it specifically does not want the shows to come off as advertising, but rather as a way to raise brand awareness, Goldberg said. The 40-60 minute spots, which begin Oct. 4, will be advertisement-free and will be available for download for free. Goldberg declined to comment on how much GE is spending on the podcasts.

GE is among a number of firms whose interest in podcasts has increased since last year's airing of "Serial," the hit podcast chronicling a murder investigation.

"It flipped a switch for us that podcasting was no longer going to be informational pieces but could be entertainment," Goldberg said.

Podcasts are a small, but growing part of the digital media marketplace. Seventeen percent of teens and adults listen to one podcast per month, up from 15 percent last year, according to Edison Research.

The medium has gotten so much initial interest, that the Interactive Advertising Bureau held its first "podcast upfronts," for companies to promote their podcasts to advertisers in September.

While GE's move is novel, it is likely that more advertisers will follow rather than just run ads during podcasts, said eMarketer analyst Paul Verna. It is like the next iteration of "native advertising," where companies create sponsored content to promote their offerings, he said.

Launching podcasts is the latest initiative by GE to get in front of a younger, tech-savvy audience. Last year, the company teamed up with the "Tonight Show," to run "GE Fallonventions," 8-10 minute segments where child inventors showcase their creations on the show.

(Editing by Bernard Orr)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.

Making a Change

Expand Your Global Reach with Access to More Than 150 Languages for Life

Unlock global markets with this language-learning platform.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

KFC Is Launching a Chicken Tenders-Focused Concept Called Saucy — Here's When and Where It Opens

The chicken chain is making a strategic pivot towards the growing demand for customizable, sauce-heavy meals.

Business Ideas

Is Your Business Healthy? Why Every Entrepreneur Needs To Do These 3 Checkups Every Year

You can't plan for the new year until you complete these checkups.

Leadership

The End of Bureaucracy — How Leadership Must Evolve in the Age of Artificial Intelligence

What if bureaucracy, the very system designed to maintain order, is now the greatest obstacle to progress?